American Oil and Gas Reporter - September 2024 - 47

SpecialReport: Hydraulic Frac Tech
FIGURE 4
Incremental Net Present Value from Improving Uniformity
2.8
2.6
2.2
2.4
1.8
2.0
1.6
1.0
1.2
1.4
0.8
0.6
0.4
0.2
0.0
440
1,100
660
0.2
0.3
0.4
0.5
0.6
UI Mean
0.7
0.8
0.9
1
660
440
660
1,100
880
1,100
440
Color by:
Spacing
Min (440)
Model
Full
Max (1,100)
AIF and optimizing proppant distribution.
Doing so will mean overcoming numerous
complexities and hurdles, which will take
time. Fortunately, the modeling studies
also show that even modest gains in uniformity,
such as the ones from ongoing
improvements to limited entry designs,
can create significant value.
r
CRAIG CIPOLLA
Principal Completions Engineering Adviser
Hess Corp.
Craig Cipolla is a principal completions engineering adviser
at Hess Corp. He joined Hess in 2012 after serving as chief
engineering adviser for hydraulic fracture monitoring and optimization
at Schlumberger, vice president of stimulation technology
at CARBO Ceramics and vice president of engineering
at Pinnacle Technologies. He is a former Society of Petroleum
Engineers distinguished lecturer on hydraulic fracturing.
Cipolla holds a B.S. in engineering and a B.A. in chemistry
from the University of Nevada-Las Vegas, and an M.S. in petroleum
engineering from the University of Houston.
Editor's Note: The preceding article
is the second in a two-part series that
began in AOGR's August issue. Both articles
are adapted from URTeC 4044071,
a technical paper presented at the 2024
Unconventional Resources Technology
Conference, held June 17-19 in Houston.
The full paper includes appendices that
provide more details on the fully coupled
model and its calibration process, as well
as an in-depth comparison of the fully
coupled and simple models. The authors
acknowledge the contributions of the paper's
co-authors: Hess Corp.'s Michael
McKimmy and John Lassek, and ResFrac
Corp.'s Ankush Singh.
MARK MCCLURE
Co-Founder and Chief Executive Officer
ResFrac
Mark McClure is co-founder and chief executive officer of
ResFrac. Before founding ResFrac in 2015, McClure was an
assistant professor at the University of Texas at Austin in the
department of petroleum and geosystems engineering. He serves
on several scientific and academic boards and committees, and
as an adjunct professor at Stanford University. McClure holds
a B.S. in chemical engineering, an M.S. in petroleum engineering,
and a Ph.D. in energy resources engineering from Stanford.
SEPTEMBER 2024 47
Increase in NPV from Low Case (million $)

American Oil and Gas Reporter - September 2024

Table of Contents for the Digital Edition of American Oil and Gas Reporter - September 2024

Contents
American Oil and Gas Reporter - September 2024 - Intro
American Oil and Gas Reporter - September 2024 - Cover1
American Oil and Gas Reporter - September 2024 - Cover2
American Oil and Gas Reporter - September 2024 - Contents
American Oil and Gas Reporter - September 2024 - 4
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American Oil and Gas Reporter - September 2024 - Cover3
American Oil and Gas Reporter - September 2024 - Cover4
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